Nearly half of Americans say rising cost of living is the greatest threat to financial security
And why is this happening? Look no farther than the Federal Reserve.
A strong stock market and low unemployment rate have not dispelled Americans’ fears that the rising costs of everyday expenses threaten their long-term financial health.
Almost half (47%) of Americans believe that cost of living is the biggest threat to their financial security and long-term investments, according to TD Ameritrade’s financial disruptions survey, which polled over 1,000 U.S. adults with at least $10,000 in investable assets.